IMF

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Last updated 10:21 AM on 5/21/26
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10 Terms

1
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When was it Established?

1944

2
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Why was the IMF established?

to promote global economic security and stability

3
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What does the IMF encourage developing countries to do?

Open economies to free trade and accept FDI

4
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What flow does the IMF deal with?

Capital

5
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What is the IMF key in?

Encouraging governments to adopt structural adjustment and trade liberlisation

6
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What does the IMF require in return for the loans?

Strict financial conditions which results in the decline of social globalisation

7
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Why does social globalisation decline?

Cuts to healthcare and education

8
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How many members does the IMF have?

185

9
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What voting system do they have in place?

Proportional

10
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How much of the votes are USA?

17%